Home Insurance News Articles

As many as 1.5 million people could be without adequate home insurance according to a new survey.

A poll of 2,017 homeowners found 2% had contents insurance but no buildings cover, 3% had buildings insurance but no contents cover, and 1% had neither type of insurance.

The survey also found that the problems were more serious among young adults, with 12% of those aged 18-34 missing at least one of the two insurance types. London and the South East was the most underinsured Full Story

Home insurance premiums can vary by almost three times depending on where you live according to new figures. The most expensive postcode, Stanmore in northwest London (HA7) has an average premium of £286.50, compared with just £103.98 in central Bournemouth.

The other most expensive areas were NW11 (Golders Green, £280.59), SE21 (Southwark, £279.07), NW7 (Mill Hill in northwest London, £270.76) and HA6 (Northwood in northwest London, £286.47). Full Story

A steep rise in renting rather than buying should serve as a reminder of the importance of getting the correct home insurance for all concerned, experts have warned.

The Residential Landlords Association says there are several reasons for the increase in the number of renters, including:

• the difficulty of obtaining a mortgage as banks become choosier about new customers;
• a rise in the deposit required on mortgaged properties, with a 20% downpayment now Full Story

A survey from Legal & General has revealed that many UK homes could be at risk due to poor maintenance of security and safety devices designed to protect us.

The annual 'Safe as Houses' report, showed that although we’re good at having home security features in place, we’re not good at checking that they're still working and could even be putting Full Story

New research released by Sainsbury’s Finance has revealed that UK home insurers continue to lag behind car insurers for rewarding customers with a no-claims discount.

The findings which were commissioned by Sainsburys Home Insurance, reveal that just one in four (26%) of home insurance policies offer a no-claims discount, preventing customers from benefiting from potentially Full Story

It's a year since unprecidented floods hit parts of Gloucestershire and the Midlands bringing devastation to thousands of homes.

In an effort to ensure continued availablity of flood insurance to homes in these and other areas, the Government and the ABI (Association of British Insurers) have reached an agreement on future flood prevention strategies.

Included in a package of measures the Government has commitment to deliver a long-term flooding strategy Full Story

A year on from the devastating floods that hit many parts of the UK in 2007, research from Moneysupermarket.com has shown that it is still possible for homeowners in affected areas to secure home insurance cover despite being classed as a high risk.

Moneysupermarket analysed premiums for the twelve months to June 2008 for Tewkesbury which is now classified as a high risk flood area. From this two different  stories emerge. The first shows Full Story

On the back of recent claims figures for garden thefts, Sainsburys Home Insurance is urging us to pay more attention to our garden security and to be on the look-out for green-fingered thieves this summer. The claims figures confirm an average garden theft home insurance for the year to January 2008 of just over £291.

Research from Sainsbury’s indicates that around 34% Full Story

Findings from a recent survey carried out by Legal and General home insurance confirmed that Brits are not very good at valuing the contents of their home.

The survey questioned over 4,000 people and revealed that 15% have no idea how much it would cost to replace the contents of their home. Although the average home contents value calculated by L&G is estimated to be over Full Story

Do you have a spare 400 hours and £8000? That’s the estimate from CIFAS and Which? for what it could cost you to clear up difficulties arising from identity fraud or theft.

Between January and September of 2007, there were 57,302 incidents of identity fraud reported to CIFAS, the UK's fraud prevention service. The Home Office estimates that identity fraud costs the UK economy about Full Story